this post was submitted on 28 Aug 2026
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[–] UnderpantsWeevil@lemmy.world 1 points 17 hours ago

a country’s gdp is a lot more diversified than nvidias

Glances at Taiwan and South Korea

The party goes on for now, but there is no way these companies will keep being allowed to borrow money, and it will be clawed back due to how unprofitable these businesses are.

I'm having a hard time imagining a world where Nvidia isn't considered credit worthy. A lot would have to change.

OpenAI’s models are worthless and they will go bankrupt. Oracle’s hardware will become worthless and they will go bankrupt.

Even assuming these two firms won't be at the front of the line for the next government bailout, we're a far cry from "worthless".

Both firms are heavily embedded in the government contract space, which is a blank check on your worst day. Both are heavily integrated into the financial and O&G sectors, which aren't going anywhere.

We're talking tens, if not hundreds of billions of dollars in guaranteed future revenue going out to the next decade easy.

Possible they get drowned in interest payments and end up becoming glorified debt servicing companies. But we're a far cry from either being zero'd out.